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Weekly forecast Litecoin technical chart
Symbol LTCUSD

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 18, 2022 - 10:04
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 40.30, beginning of uptrend is expected.
  • We make sure when the resistance at 65.85 breaks.
  • If the support at 40.30 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • While the RSI downtrend #2 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 54.60 on 09/16/2022, so more gains maximum to Major Resistance (65.85) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 46.

Supports and Resistances:

  1. 413.50
  2. 388.93
  3. 333.08
  4. 281.63
  5. 232.63
  6. 189.79
  7. 133.99
  8. 115.50
  9. 93.50
  10. 84.33
  11. 74.40
  12. 65.85
Click on the level to view price action history.

Symbol Released Current Forecast
Litecoin (LTCUSD) free Fri, 22 Mar 2024
Litecoin (LTCUSD) free Sun, 17 Mar 2024
Litecoin (LTCUSD) Sun, 25 Feb 2024
Litecoin (LTCUSD) Mon, 19 Feb 2024
Litecoin (LTCUSD) Sun, 11 Feb 2024